Railtel awards Rs 156 crore order for KAVACH project to Quadrant Future
The project is deemed to be completed within 21 months, starting in April 2025. This order marks a significant step for Quadrant in the railway infrastructure sector.
State-run Railway PSU firm, Railtel Corporation, has awarded a significant order of Rs 156 crore to Quadrant Future Tek Limited (formerly Quadrant Cables Pvt. Ltd). The project involves the supply, installation, and commissioning of the Kavach (Indigenous Train Collision Avoidance System) across 502.2 RKM of railway tracks, covering 71 stations in the East Central Railway zone.
The project is deemed to be completed within 21 months, starting in April 2025. This order marks a significant step for Quadrant in the railway infrastructure sector.
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Quadrant Future Tek Ltd is a small-cap railway stock engaged in developing advanced Train Control and Signaling Systems for Indian Railways’ KAVACH project, alongside manufacturing specialty cables and hardware.
The share of the company has reached an intraday high of Rs. 524.25 per equity share up by 1.29 percent from its previous day’s close price of Rs. 517.55. Meanwhile, the shares of Railtel are trading low by 0.26% at Rs 307.30.
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